Top products Fiji Export to USA

Opportunities

• In the second quarter 2024, the share of e-commerce in total U.S. retail sales stood at 16 percent, up from the previous quarter. From April to June 2024, retail e-commerce sales in the United States hit over 291 billion U.S. dollars, the highest quarterly revenue in history.     
• From April to June 2024, U.S. retail e-commerce sales amounted to roughly 291.6 billion U.S. dollars, marking an increase compared to the previous quarter. Overall, retail e-commerce sales outdid the quarterly sales records registered in 2020.
• Purchasing power in the U.S. has increased recently, thanks to the increase in promotions and the use of credit.
• In the United States, the average household net-adjusted disposable income per capita is US$51 147 a year, much more than the OECD average of US$30 490 a year.
• In 2023, average annual consumer expenditures reached $77,280, a 5.9% increase from 2022. During this time, the Consumer Price Index (CPI-U) rose by 4.1%, and average pre-tax income grew by 8.3%. Housing made up the largest share of expenditures (32.9%), followed by transportation (17.0%), food (12.9%), personal insurance and pensions (12.4%), healthcare (8.0%), and entertainment (4.7%). Other components each accounted for less than 4% of total spending.